#BTC# transferred 2 million USDT to Binance yesterday afternoon, and the 1inch team investment fund reclaimed 6.334 million 1INCH one and a half hours ago.
Since 7/6, they have purchased a total of 13.23 million 1INCH on-chain using 3.43 million USDC, and transferred 7.97 million USDT to Binance to buy 32.41 million 1INCH, which was then sent back to the address.
During this period, the price of $1INCH increased by 100% ($0.18→$0.36).
Since February, the 1inch team investment fund has spent a total of 13.64 million USD to purchase 55.85 million 1INCH at an average price of $0.244. Currently, t